Re: The lottery, The odds, and You
Even if you have to split with 7 other people this will not effect the EV of the ticket that you bought. At a certain point the lotto has a +EV given a certain set of factors, if you win and you do have to split it with 7 other people then it could again become -EV. I cant see any one, other than maybe one or two people from this board, who could win 10 million in the lotto and then say "Damn that was a -EV bet cause I had to split it".
In my mind this would be like saying AKs has a -EV cause the other 2 players could have AA, you have to work with the information available to you in each situation.
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